Potential offtaker

Novo Banco, SA

www.novobanco.pt

Estimated electricity consumption

N/A

Countries of production presence

N/A

Novo Banco, SA is a Portuguese bank that operates in the banking sector. The bank was founded in 2014 and is headquartered in Lisbon, Portugal. Novo Banco, SA is a subsidiary of the Resolution Fund, which was created by the Portuguese government to manage the assets and liabilities of Banco Espirito Santo (BES), which was the largest private bank in Portugal until its collapse in 2014.

Novo Banco, SA is committed to decarbonisation and reducing its carbon footprint. The bank has implemented a number of initiatives to reduce its energy consumption and promote the use of renewable energy. One of the key initiatives is the implementation of a corporate energy strategy, which includes the use of renewable energy sources and the reduction of energy consumption through energy efficiency measures.

Corporate energy is an important aspect of Novo Banco, SA's sustainability strategy. The bank has implemented a number of measures to reduce its energy consumption, including the installation of energy-efficient lighting and the use of energy-efficient equipment. In addition, the bank has implemented a number of renewable energy projects, including the installation of solar panels on its buildings and the purchase of renewable energy certificates.

Corporate PPAs (Power Purchase Agreements) are also an important part of Novo Banco, SA's sustainability strategy. The bank has signed a number of PPAs with renewable energy providers to purchase renewable energy for its operations. These PPAs help to reduce the bank's carbon footprint and promote the use of renewable energy.

Renewable energy is a key focus for Novo Banco, SA. The bank has implemented a number of renewable energy projects, including the installation of solar panels on its buildings and the purchase of renewable energy certificates. In addition, the bank has signed a number of PPAs with renewable energy providers to purchase renewable energy for its operations. These initiatives help to reduce the bank's carbon footprint and promote the use of renewable energy.

In conclusion, Novo Banco, SA is a Portuguese bank that is committed to decarbonisation and reducing its carbon footprint. The bank has implemented a number of initiatives to reduce its energy consumption and promote the use of renewable energy. Corporate energy, corporate PPAs, and renewable energy are all key aspects of Novo Banco, SA's sustainability strategy. The bank's commitment to sustainability is not only good for the environment but also helps to reduce costs and improve the bank's overall financial performance.